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Is Europe going far enough? Reflections on the Stability and Growth Pact, the Lisbon strategy and the EUÕs economic governance

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  • Stefan Collignon

    (London School of Economics and Political Science)

Abstract

EuropeÕs economic governance is not only highly complex, but also increasingly inefficient and unsustainable in the long run. This conclusion is reached from the theory of collective action and the difficulties in democratic legitimacy. The solution would be the creation of a European government accountable to European citizens.

Suggested Citation

  • Stefan Collignon, 2003. "Is Europe going far enough? Reflections on the Stability and Growth Pact, the Lisbon strategy and the EUÕs economic governance," European Political Economy Review, European Political Economy Infrastructure Consortium, vol. 1(Autumn), pages 222-247.
    • Handle: RePEc:epe:journl:v:1:y:2003:i:autumn:p:222-247
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    File URL: http://www.ugbs.org/weru/eper/vol1/no2/collignon.pdf
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    Citations

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    Cited by:

    1. repec:kap:iaecre:v:11:y:2005:i:1:p:29-38 is not listed on IDEAS
    2. Vassilis Monastiriotis, 2008. "Quo Vadis Southeast Europe? EU Accession, Regional Cooperation and the need for a Balkan Development Strategy," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 10, Hellenic Observatory, LSE.
    3. Thierry Warin, 2005. "The Hidden Structural Features of the Fiscal Rule: A European Saga," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 11(1), pages 29-38, February.
    4. aus dem Moore, Nils, 2010. "Eine Wirtschaftsregierung für Europa? Die EU braucht bessere governance, aber kein gouvernement économique," RWI Positionen 41, RWI - Leibniz-Institut für Wirtschaftsforschung.
    5. Bernard H. Casey, 2005. "Building social partnership? Strengths and shortcomings of the European Employment Strategy," Transfer: European Review of Labour and Research, , vol. 11(1), pages 045-063, February.

    More about this item

    Keywords

    EMU; Stability and Growth Pact; Economic Governance; Lisbon Stratey; Open Coordination;
    All these keywords.

    JEL classification:

    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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